CFD trading conditions

Financial instrument Underlying asset Min trade size Min trade size change/step Margin requirement Standard trading spread for trades with 1 lot/contract Trading day (Riga, GMT+2/+3 BST)
ICE GASOIL CFD Futures contract
0.10 lot
(10 tonnes)
0.10 lot
(10 tonnes)
from 3% 1.00 USD Daily 07:00 – 23:15
ICE BRENT CFD Futures contract
0.1 lot
(100 barrels)
0.1 lot
(100 barrels)
from 3% 0.04 USD Daily 07:00 – 23:15
WTI CRUDE OIL CFD Futures contract
0.1 lot
(100 barrels)
0.1 lot
(100 barrels)
from 3% 0.04 USD Daily 07:00 – 23:15
HEATING OIL CFD Futures contract
0.1 lot
(4200 gallons)
0.1 lot
(4200 gallons)
from 3% 0.0034 USD Daily 07:00 – 23:15
RBOB CFD Futures contract
0.1 lot
(4200 gallons)
0.1 lot
(4200 gallons)
from 3% 0.0034 USD Daily 07:00 – 23:15
NATURAL
GAS CFD
Futures contract
0.1 lot
(1000 mmBtu)
0.1 lot
(1000 mmBtu)
from 3% 0.016 USD Daily 07:00 – 23:15
Copper CME Futures contract
0.1 lot
(2500 pounds)
0.1 lot
(2500 pounds)
from 3% 0.005 USD Daily 07:00 – 23:15
CFD on stock (market) index S&P500 Stock (market) indexes
0.1 lot
(10 index points)
0.1 lot
(10 index points)
from 3% 0.80 index points Daily 07:00 – 23:15

 Collateral requirements may change depending on open position size. The Company reserves the right to modify collateral requirements on its own (or counterparties’) discretion, placing the information about the changes on the Company website.

 The Company does not guarantee the fixed trading spread (the difference between the bid price and the ask price). Trading spread may change depending on market conditions. When executing the Customer’s trades, the Company has a right to include its profit into the trading spread.

 (1) On the date when open positions are rolled over to the next trading month of the underlying asset / futures contract, CFD trading is closed at 21:30 Riga Time.
(2) GTC orders are valid during night sessions. If they are filled, they will be confirmed on Customer’s trading platform before next day trading session starts. It’s impossible to place new orders or modify placed orders once day trading session is closed.

Margin Call / Stop Out conditions for Professional clients
Margin Call is a situation when financial instruments account balance or equity, including unrealized gains/losses on open positions, becomes equal to or less than 50% of the minimum maintenance margin requirement (collateral) established by the Company or Counterparty. In an event of Margin Call, the Company has a right, but not an obligation to contact the Customer and require them to either replenish the collateral by depositing additional funds, or close out part or all of their open positions, within 48 hours after receiving the request or a notice on the trading platform. The Company reserves the right to establish or modify Margin Call level on its own discretion, placing the information about the changes on the Company website.

Stop Out happens when financial instruments account balance or equity, including unrealized gains/losses on open positions, becomes equal to or less than 30% of the minimum maintenance margin requirement (collateral) established by the Company or Counterparty. In such a case, the Company has the right to decrease size of the Customer’s open position, fully or partially closing out those positions that create largest unrealized losses for the Customer. The Company reserves the right to establish or modify Stop Out level on its own discretion, placing the information about the changes on the Company website.

Margin Call / Stop Out conditions for Retail clients
Margin Call is a situation when financial instruments account balance or equity, including unrealized gains/losses on open positions, becomes equal to or less than 100% of the minimum maintenance margin requirement (collateral) established by the Company or Counterparty. In an event of Margin Call, the Company has a right, but not an obligation to contact the Customer and require them to either replenish the collateral by depositing additional funds, or close out part or all of their open positions, within 48 hours after receiving the request or a notice on the trading platform. The Company reserves the right to establish or modify Margin Call level on its own discretion, placing the information about the changes on the Company website.

Stop Out happens when financial instruments account balance or equity, including unrealized gains/losses on open positions, becomes equal to or less than 50% of the minimum maintenance margin requirement (collateral) established by the Company or Counterparty. In such a case, the Company has the right to decrease size of the Customer’s open position, fully or partially closing out those positions that create largest unrealized losses for the Customer. The Company reserves the right to establish or modify Stop Out level on its own discretion, placing the information about the changes on the Company website.

Fee
Renesource Capital fee is fixed predetermined value, which is included in a trading spread (difference between sell and buy prices of Contract for difference (CFD) provided by Renesource Capital counterparty (liquidity provider). Renesource Capital fixed fee (mark-up) is added to the spread for the trading via MT4 platform. Up to 0.2% in addition to the regular mark-up is added to the spread received from the liquidity providers.

Renesource Capital provides agency execution model through so called a straight through processing (STP) and No Dealing Desk execution model/ intervention. Pricing and liquidity is passed on to clients based on the best prices that are provided by one of liquidity providers with a fixed mark-up for each CFD product. Renesource Capital does not act as a principal or market marker and is reliant on liquidity providers for pricing and execution.

Despite that, trading spreads specified in the table could be inaccessible for clients working by the Renesource Capital agent’s (referring agents, introducing agents) terms and conditions. Currency pairs and financial instruments stated in the table could be unreachable on some financial instruments accounts opened in Renesource Capital.

 

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.

We use cookies to provide you with a more convenient and safer user experience. By continuing the browsing session, you confirm that you agree to the use of cookies. You can revoke your consent at any time by changing your browser settings and deleting the cookies stored. Read our Cookie Policy.